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...know about cotton. None of us had a clue what a dot-com was, but we all know what orange juice is. Before you go to work every morning, you use cotton and wool and silk and rubber and rice and wheat and corn and orange juice and coffee and sugar. Nobody can understand IBM. The chairman of the board of IBM can never understand IBM completely. It's got hundreds of thousands of employees. All you've got to do with cotton is figure out if there's too much or too little. That is not easy...

Author: /time Magazine | Title: Q&A with Investing Legend Jim Rogers | 10/31/2008 | See Source »

...still very religious, but I've changed religions. When I first started out in college, I was Christian, and I became Episcopalian, which is still one of my favorite flavors of Christianity. But currently I'm Wiccan. One of its biggest tenets is, Do as thou wilt, but harm none. And that applies to yourself as well. So every choice you make, all day long, every day, goes through that filter. But there's no intrinsic guilt in this religion. Since everything is sacred, you don't have to feel ashamed about your body or what you're doing with...

Author: /time Magazine | Title: Vampire Novelist Laurell K. Hamilton | 10/30/2008 | See Source »

...their food choices: the International Vegetarian Union's website includes vegan-friendly reminders about baking pans greased with animal fat, grain cereals that include animal-based glycerin, and sugar refined with bone charcoal. Then there's raw veganism, which is an offshoot of veganism in which none of the food can be cooked. Take that a step further and you get "mono meals," the idea that the stomach should only digest one type of food at a time. Basically, if you eat it, there is probably someone else out there...

Author: /time Magazine | Title: Veganism | 10/30/2008 | See Source »

...eliminate a requirement that people had to be able to read or write English or Hawaiian in order to vote; and wrote a constitutional provision granting privacy rights that Feder Lee says was ahead of its time. Some of the changes were good for island society, Feder Lee says. None of them could be predicted. "The only thing we know for certain," Feder Lee says, "is we never know what will come out of a ConCon...

Author: /time Magazine | Title: Should Hawaii Rewrite Its Constitution — Again? | 10/30/2008 | See Source »

...Although none are openly licking their wounds, the losses are believed to have affected a number of stalwart hedge funds. Commentators across the board blamed Porsche for causing chaos on the Frankfurt Stock Exchange this week. The daily Die Welt called Porsche the biggest German hedge fund, and criticized Germany's lax disclosure laws. Porsche has been stealthily building a stake in VW and it only retained the element of surprise because German law did not require disclosure of the positions that account for more than 30% of its stake in VW. "Only when it is no longer possible...

Author: /time Magazine | Title: Hedge Funds Shorting VW Stung By Porsche | 10/29/2008 | See Source »

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